Common use of LC Participation Fees Clause in Contracts

LC Participation Fees. Xxxxxxxx agrees to pay to (i) the Administrative Agent for the account of each Lender a participation fee (“LC Participation Fee”) with respect to its participations in Letters of Credit, which shall accrue at a rate per annum equal to (x) in case of Financial Letters of Credit, the Applicable Margin as in effect from time to time for Eurodollar Revolving Loans,

LC Participation Fees. Xxxxxxxx Borrower agrees to pay to (i) the Administrative Agent for the account of each Lender a participation fee (“LC Participation Fee”) with respect to its participations in Letters of Credit, which shall accrue at a rate per annum equal to (x) in case of Financial Letters of Credit, the Applicable Margin as in effect from time to time for Eurodollar Revolving Loans,